Invesco Active Allocation has seen recent manager changes and offers a reasonable, but undifferentiated, approach to a moderately aggressive allocation fund. It continues to earn a Morningstar Analyst rating of Neutral across most share classes as the managers build out a track record. The most expensive share class has been downgraded to Negative under our enhanced ratings methodology.
Invesco Active Allocation Y OAAYX
NAV / 1-Day Return
15.13
/
0.40
%
Total Assets
2.3 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.860%
Expense Ratio
0.860%
Fee Level
Above Average
Longest Manager Tenure
3.89
years
Category
Allocation--70% to 85% Equity
Investment Style
Mid BlendCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
2.18%
Turnover
70%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will OAAYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable OAAYX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the OAAYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of OAAYX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A relatively new management team modifies this fund's approach.
